OFF MARKET

Off Market Jan 2010 for $700K

$1,349,560

Est. refi paymentEst. refi $5,008/mo

•

4,992

sq ft

5360 Mill Dam Rd, Wake Forest, NC 27587

About this home

NEW PRICE! WAKE FOREST LAKEFRONT HOME ON 5AC IN QUIET COMMUNITY OF ACREAGE LOTS! Great location/ easy access to Raleigh/RDU Airport; spacious home, beautiful leaded front door, wrap-around porch, 1st floor master w/ sitting room, totally renovated gourmet kitchen; great outdoor living- porches, patios, outdoor fireplace & pool overlooking lake. IDEAL FAMILY RETREAT! FISH, PADDLE, SWIM & ENJOY!

Single-familyProperty Type

2000Year Built

5.05 acresLot Size

$270Est. Price/Sq.Ft.

3 car garageParking

Listed by Joan Petty • Howard Hanna Allen Tate Wake Forest/Rolesville

Listed by Morgan Womble

Bought with Joan Petty • Howard Hanna Allen Tate Wake Forest/Rolesville

Redfin checked: a minute ago

•Source:TMLS #1617987

Redfin Estimate

$1,349,560

$650K since sold in January 2010$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.9% higher than the average sale price ($1.20M) of 6 comparable homes.

SOLD FEB 26, 2026
$1,325,000
A
4 beds4 baths4,614 sq ft
5316 Mill Dam Rd, Wake Forest, NC 27587
SOLD JUN 8, 2026
$1,400,000
B
4 beds5 baths4,959 sq ft
1632 Sterling Lake Dr, Wake Forest, NC 27587
SOLD APR 28, 2026
$1,200,000
C
4 beds5 baths7,789 sq ft
5205 Mill Dam Rd, Wake Forest, NC 27587
SOLD MAY 29, 2026
$1,000,000
D
3 beds3.5 baths3,045 sq ft
5228 Mill Dam Rd, Wake Forest, NC 27587
SOLD JAN 27, 2026
$800,000
E
4 beds3 baths3,247 sq ft
5373 Mill Dam Rd, Wake Forest, NC 27587
SOLD MAY 26, 2026
$1,450,000
F
5 beds4.5 baths4,034 sq ft
1409 Sterling Lake Dr, Wake Forest, NC 27587

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Earn from this home

Sell

$940,011

Est. take-home

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Refinance

Est. cash available

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Rent

$4,031/mo

Redfin rental estimate

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Market trends in 27587, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.6%

0.0% MoM

Median sale price

$525K

$5K MoM

Avg. days on market

36d

4 days MoM

Recently sold homes

483

1 MoM

New listings for sale

NEW 5 HRS AGO
$425,000
3 beds2.5 baths2,113 sq ft
1701 Forestville Rd, Wake Forest, NC 27587
NEW 10 HRS AGO
$415,000
3 beds2 baths2,040 sq ft
6001 Titanic Ct, Wake Forest, NC 27587
NEW 14 HRS AGO
$320,000
3 beds2 baths1,240 sq ft
1209 Mondavi Woods Ct, Wake Forest, NC 27587
$690,000
3 beds3 baths2,461 sq ft
1017 Mendocino St, Wake Forest, NC 27587
OPEN SAT, 10AM TO 12PM
$625,000
5 beds3.5 baths2,505 sq ft
4217 Field Oak Dr, Wake Forest, NC 27587
NEW 31 HRS AGO
$450,000
4 beds3.5 baths2,523 sq ft
101 Oakwood Dr, Wake Forest, NC 27587
COMING SOON
$710,000
4 beds3.5 baths2,921 sq ft
5909 Two Pines Trl, Wake Forest, NC 27587
COMING SOON
$725,000
4 beds3.5 baths3,129 sq ft
5017 Red Quill Way, Wake Forest, NC 27587
3D WALKTHROUGH
$449,000
2 beds2 baths1,766 sq ft
1136 Blue Bird Ln, Wake Forest, NC 27587
NEW 1 DAY AGO
$665,000
5 beds4 baths4,415 sq ft
2928 Thurman Dairy Lp, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 5360 Mill Dam Rd

Date

Event

Price

TMLS #1617987

Jan 27, 2010

Sold

$700,000

$140/sq ft

Jan 27, 2010

Sold

$700,000

$140/sq ft

Dec 18, 2009

Listing Removed

—

Aug 16, 2008

Listed

$774,000

$155/sq ft

Aug 16, 2008

Listed

$774,000

$155/sq ft

TMLS #774725

Apr 8, 2005

Sold

$715,000

$143/sq ft

Apr 8, 2005

Sold

$715,000

$143/sq ft

Nov 20, 2004

Listed

$749,900

$150/sq ft

Nov 20, 2004

Listed

$749,900

$150/sq ft

Public Records

May 22, 1997

Sold

$92,000

$18/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,292 (+3.0%)

$315,000 + $978,315

$1,293,315

2024

$8,051 (+31.5%)

$315,000 + $978,315

$1,293,315

2023

$6,123 (+7.9%)

$315,000 + $978,315

$1,293,315

2022

$5,673 (+2.8%)

$180,000 + $602,688

$782,688

2021

$5,520 (+1.7%)

$180,000 + $602,688

$782,688

2020

$5,428 (−16.0%)

$180,000 + $602,688

$782,688

2019

$6,460 (+8.8%)

$180,000 + $602,688

$782,688

2018

$5,937 (+5.5%)

$225,000 + $563,493

$788,493

2017

$5,626 (+2.1%)

$225,000 + $563,493

$788,493

2016

$5,511 (−21.2%)

$225,000 + $563,493

$788,493

2015

$6,995 (+5.5%)

$225,000 + $563,493

$788,493

2014

$6,628 (+7.1%)

$287,500 + $716,888

$1,004,388

2013

$6,187

$287,500 + $716,888

$1,004,388

2012

$6,187

$287,500 + $716,888

$1,004,388

2011

$6,187

$287,500 + $716,888

$1,004,388

Tax history for 5360 Mill Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,292 (+3.0%)

$315,000 + $978,315

$1,293,315

2024

$8,051 (+31.5%)

$315,000 + $978,315

$1,293,315

2023

$6,123 (+7.9%)

$315,000 + $978,315

$1,293,315

2022

$5,673 (+2.8%)

$180,000 + $602,688

$782,688

2021

$5,520 (+1.7%)

$180,000 + $602,688

$782,688

2020

$5,428 (−16.0%)

$180,000 + $602,688

$782,688

2019

$6,460 (+8.8%)

$180,000 + $602,688

$782,688

2018

$5,937 (+5.5%)

$225,000 + $563,493

$788,493

2017

$5,626 (+2.1%)

$225,000 + $563,493

$788,493

2016

$5,511 (−21.2%)

$225,000 + $563,493

$788,493

2015

$6,995 (+5.5%)

$225,000 + $563,493

$788,493

2014

$6,628 (+7.1%)

$287,500 + $716,888

$1,004,388

2013

$6,187

$287,500 + $716,888

$1,004,388

2012

$6,187

$287,500 + $716,888

$1,004,388

2011

$6,187

$287,500 + $716,888

$1,004,388

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

3.5

Stories

1.75

Lot width

—

Lot depth

—

Lot size

5.05 Acres

Year renovated

2000

Sq. Ft.

5,029

Year built

2000

Style

Single Family Residential

County

Wake County

APN

1861.03 11 4270 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

R-30

Residential-30 District

The R-30 districts are known as non-watershed residential districts. These districts allow a range of very-low to moderate-density residential development and various building forms, depending on the specific district. A limited number of nonresidential uses are also allowed. Some nonresidential uses are permitted by-right; others are allowed only within designated activity centers and then only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Library
Golf related
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 3
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Parking Pad

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 4
Bathrooms Half: 2

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Cooktop - Down, Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
Window Features: Insulated Windows
Laundry Features: Main Level
Interior Features: Bathtub Only, Bookcases, Cathedral Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Storage, Walk-In Closet(s), Wet Bar, Whirlpool Tub
Fireplace: Yes
Fireplace Features: Family Room, Gas Log, Primary Bedroom
Fireplaces Total: 2
Flooring: Carpet, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Fiber Cement
Building Area Total: 4992.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Patio, Porch

Pool Information
Pool Features: Private

Property information
Living Area: 4,992
Above Grade Finished Area: 4992.0
Below Grade Finished Area: 0.0
Levels: Two
Ownership Type: Other

Lot Information
Lot Size Acres: 5.05
Lot Size Area: 5.05
Lot Size Dimensions: 5.05 AC
Lot Size Square Feet: 219978.0
Lot Size Units: Acres
Waterfront: Yes
Zoning: R-30

Financial

Financial Information
Buyer Financing: VA

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Cable Available
Water Source: Community Water

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Propane, Zoned
Cooling: Yes
Cooling Information: Central Air, Zoned

Location

HOA Information
Association Name: Millrace HOA

School Information
Elementary School: Wake - Sanford Creek
Middle Or Junior School: Wake - Wake Forest
High School: Wake - Wake Forest

Location Information
County Or Parish: Wake
Directions: From Raleigh/I-540, take US 1N toward Wake Forest, take Hwy 98E Bypass, approx 3.5 miles to left on Averatte Road, right on Mill Dam Road into Millrace, continue to end to property on right on the lake.
Latitude: 35.977745
Longitude: -78.454521
Postal Code: 27587

Community Information
Senior Community: No

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 5,029
Stories: 1.75
Lot Size: 5.05 acres
Style: Single Family Residential
Year Built: 2000
Year Renovated: 2000
County: Wake County
APN: 1861.03 11 4270 000

Home facts updated by county records on Aug 11, 2026

Other

hidden custom fields
Main Level

Listing Date Information
Contract Status Change Date: 2010-01-28
Price Change Timestamp: 2023-09-16T18:40:20Z

Listing Price Information
Previous List Price: 925000.0

Around this home

Schools

Richland Creek Elementary School

Public PreK-5 • Assigned • 4.0mi

8/10

Wake Forest Middle School

Public 6-8 • Assigned • 4.6mi

4/10

Wake Forest High School

Public 9-12 • Assigned • 3.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 16 days in 30 years

6/10 Wind Factor

48% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Wake Forest, NC • 27587

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.28M – $1.55M

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New listings for sale in 27587

NEW 5 HRS AGO

$425,000

3 beds2.5 baths2,113 sq ft

1701 Forestville Rd, Wake Forest, NC 27587

NEW 10 HRS AGO3D WALKTHROUGH

$415,000

3 beds2 baths2,040 sq ft

6001 Titanic Ct, Wake Forest, NC 27587

NEW 14 HRS AGO

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3 beds2 baths1,240 sq ft

1209 Mondavi Woods Ct, Wake Forest, NC 27587

$690,000

3 beds3 baths2,461 sq ft

1017 Mendocino St, Wake Forest, NC 27587

OPEN SAT, 10AM TO 12PM

$625,000

5 beds3.5 baths2,505 sq ft

4217 Field Oak Dr, Wake Forest, NC 27587

NEW 31 HRS AGO

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4 beds3.5 baths2,523 sq ft

101 Oakwood Dr, Wake Forest, NC 27587

COMING SOON

$710,000

4 beds3.5 baths2,921 sq ft

5909 Two Pines Trl, Wake Forest, NC 27587

COMING SOON3D WALKTHROUGH

$725,000

4 beds3.5 baths3,129 sq ft

5017 Red Quill Way, Wake Forest, NC 27587

3D WALKTHROUGH

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Home values near 5360 Mill Dam Rd

Data from public records.

Address	Redfin Estimate
5232 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 2808 Sq. Ft.	$882,548
5217 Mill Dam Road, Wake Forest, NC 3 Beds \| 2.5 Baths \| 2675 Sq. Ft.	$823,479

Address	Redfin Estimate
5240 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 3328 Sq. Ft.	$894,308
5252 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 5167 Sq. Ft.	$961,146

Address	Redfin Estimate
5221 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 2750 Sq. Ft.	$867,204
5248 Mill Dam Road, Wake Forest, NC 3 Beds \| 3.5 Baths \| 3913 Sq. Ft.	$1,268,820

Property information provided by TMLS when last listed in 2008. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27587, NC

Sale history for 5360 Mill Dam Rd

Tax history for 5360 Mill Dam Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27587

Home values near 5360 Mill Dam Rd

More real estate resources